Question
1)In addition to expedite and priority freight forwarding charges, brokers and freight forwarders may offer an additional service. A) Name this service B) Explain in
1)In addition to expedite and priority freight forwarding charges, brokers and freight forwarders may offer an additional service. A) Name this service B) Explain in detail when or why it may be used and any associated costs C) When transporting goods during domestic truck transportation, list the PRIMARY documents that are required during the shipping process. D) How has deregulation impacted the transportation sector? Give examples on industry components that were affected. (for example, pricing, equipment, M&As').
2) A) Who are NVOCC or NVOs? B) Containerized freight transportation service is sold and offered in two types of services. List their name(s) C) What two companies offer this type of service? D) What is the name given to the standard trade terms used in international contracts of sale? Give a history and purpose.E) What are three common ocean freight charges? (Give examples and explain) F) Why are free trade agreements important? Explain.
3) A) Warehouse management is the storage of commodities for profit. What are six major functions? List and describe each in detail. B) Explain what is meant by the term cross docking. C) Describe and explain two primary types of cross docking? D) List and describe three warehouse cost drivers? E) Explain FIFO and LIFO inventory management procedures? F) What is EOQ? Why is it important?
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